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Property profile & analytics
OFF-MARKET
Medical Office Space

3110 Karnes Rd Saint Joseph, MO 64506

11,400 SF 0.94 ac lot Built 1984
Entity Owned 7-yr Hold
Property ID
US48-1544074
Property summary
AI-generated overview

This two-story, 11,400 square foot Class B office building, located at 3110 Karnes Rd, Saint Joseph, MO 64506, presents a compelling investment opportunity. Built in 1984 on a 0.94-acre lot, the property features seven units across one building, currently housing four tenants with 57% occupancy. The modified lease structure offers flexibility. The asking price is $1,100,000, translating to $96.49 per square foot. Situated at the intersection of Karnes and Ashland Roads, this location boasts high visibility in a thriving commercial area. Ample parking is available, and the building is fully ADA compliant, including elevator access to the second floor. The property's commercial zoning allows for diverse uses, making it suitable for owner-occupancy or leasing for investment purposes. This presents a unique chance to acquire a well-positioned asset in a growing market. The property's multi-tenant structure provides a diversified income stream, while the existing vacancies offer potential for increased revenue. Don't miss this chance to own a piece of prime Saint Joseph real estate.

Property profile
Verified
Property type Medical Office Space
Year built 1984
Total area 11,400 SF
Lot 0.94 ac (40,946 SF)
UPID US48-1544074
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Alliance Insurance Group - Dusty Summers Agency Insurance Agency
  • Thor Motor Coach Car Dealership
  • Vector Marketing Corporate Office
  • Tax Services of Northwest Missouri Inc. Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Swansons Supermarket INC · 7 yrs held
Swansons Supermarket INC
since 2019
2 recorded transactions
2019
Price N/A
2019
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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